Visa

Visa, one of the largest payment networks, so far earns from payment processing, cross-border business, and security and data services, while partner banks issue the cards. The company benefits from consumer spending without taking on its own credit risk and uses its global ties to banks and merchants as a foundation. Visa plans to use this infrastructure and those services to profit from the growing stablecoin market. » More on finanzen.net

UPT, in cooperation with Visa via Currencycloud, is introducing virtual IBANs for corporate customers, initially for EUR and GBP, with USD integration planned later. Business clients can receive payments under their own company name and manage international incoming and outgoing payments on a single platform. Real-time exchange rate features are intended to simplify cross-border transactions and enable faster, more efficient processing. » More on finanzen.net

Visa is trialing agentic commerce, where AI agents suggest products and complete transactions on behalf of consumers. The company is working with banks and merchants on security solutions for the pilot projects. Regional head Albrecht Kiel says he is confident the technology will be ready for use soon. » More on welt.de